Commercial Bank of Qatar

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    Commercial Bank of Qatar

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    About Us

    Commercial Bank plays a vital role in Qatar’s economic development through offering a range of personal, business, government, international and investment services.

    ​What we do is just as important as how we do it. Our promise – that everything is possible – governs how we approach our business. Our services support individuals, the public sector and companies of all sizes in Qatar and internationally.

    Commercial Bank operates in Retail and Wholesale banking and makes strategic investments through its associates and subsidiaries​.


    Wholesale Banking division

    Provides a range of conventional commercial and investment banking services and products to large, medium and small enterprises. These include corporate lending, trade finance, syndicated loans, deposits, letters of credit and guarantees.
    Retail Banking division
    Provides a full suite of conventional personal banking services and products to retail customers in Qatar, including current and deposit accounts, wealth management, mortgage lending, personal loans, vehicle loans, credit cards and other card services.
    Partners and subsidiaries
    Through our network of banking partners, subsidiaries and strategic partners we are able to offer a unique market proposition and generate better value for our customers, clients and shareholders alike. Find out more about Commercial Bank’s partners.​
    Our successful strategy has diversified our income streams and expanded our GCC footprint, while continual investment in technology and people – together with our strong capital base – provides a solid foundation for further growth.
    the second largest bank in Oman with total assets of OMR 3.5 billion as at 30 September 2018 and has 69 branches, including 1 branch each in Egypt, Abu Dhabi and Dubai. Commercial Bank has ceased discussion with Tabarak Investment to negotiate terms of the potential sale of the Bank’s stake in United Arab Bank.
    Commercial Bank enjoys strong credit ratings of (A3) from Moody’s, (A) from Fitch, and (BBB+) from Standard & Poor’s. The Bank is listed on the Qatar Exchange and was the first Qatari bank to list its Global Depository Receipts (GDRs) on the London Stock Exchange. Commercial Bank’s Swiss Franc bond issued in March 2018 is the largest ever CHF bond from the MENA region.
    Most recently, Commercial Bank was awarded “Best Bank in Qatar” from Global Finance magazine on the sidelines of the 2018 Annual Meetings of the International Monetary Fund and World Bank Group.  According to Brand Finance, Commercial Bank was also named among the world’s top 500 financial brands for 2018, ranking third locally and 270 globally, up 12 on the same list compared to last year Commercial Bank was awarded the “Best Remittance Bank in the Middle East 2018”, “Best Retail Bank in Qatar 2018,” “SME Bank of the Year in the Middle East 2017,” and “Best Cash Management Bank in Qatar 2017” by The Asian Banker. In recognition of its CSR activities benefitting the Qatari community, Commercial Bank was awarded the “Best CSR Report”, at the Corporate Social Responsibility awards ceremony for organisations in Qatar. The Bank also won the “Best Investor Relations award for mid-cap companies” at the Qatar Stock Exchange’s annual IR awards ceremony in 2017 recognising best practice in investor relations.
    The Bank is dedicated to supporting Qatar’s community and social infrastructure through Corporate Social Responsibility programmes and sponsorship of various events. Title sponsorship of the Commercial Bank Qatar Masters reflects the Bank’s promotion of excellence in sports and its keen interest in enhancing Qatar’s international sporting reputation.
    About Alternatif Bank
    Alternatif Bank was established in 1991. Commercial Bank became the majority shareholder in Alternatif Bank in 2013 holding a 74.24% stake, following the acquisition of Alternatif Bank shares of 70.84% from the Anadolu Group and 3.40% through a public tender offer. In December 2016 the Bank completed the put option exercise of purchasing 25% of share in Alternatif Bank from Anadolu group. Currently the Bank owns 100% of Alternatif Bank shares.
    Alternatif Bank is a mid-size Turkish bank that provides its customers in the corporate, commercial and retail banking segments with high value products, services and solutions through a country-wide network of 53 branches widely distributed across Turkey. Alternatif Bank works closely with Commercial Bank to realise synergies and leverage regional trade opportunities.
    As at 30 September 2018, Alternatif Bank had total assets of TL 29.5 billion, total loans stood at TL 18.1 billion, customer deposits of TL 14.3 billion and shareholders’ equity of TL 1.7 billion.

    About Us

    Founded in 2003, We are the online recruitment portal that specializes in banking and finance industry recruitment.

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